The Nigerian Electricity Regulatory Commission (NERC) says power distribution companies (DisCos) generated N208.78 billion revenue in November 2025.
NERC announced the revenue in its ‘DisCos commercial performance fact sheet’ for November 2025.
According to the report, the November revenue represents a 1.01 percent decline from the N210.92 billion recorded in October 2025.
NERC explained that the revenue was earned after DisCos issued customer bills totalling N269.43 billion during the period.
The commission noted that November billing rose by 5.58 percent from the N255.19 billion billed in October.
However, collection efficiency fell slightly to 77.49 percent in November, down from 82.66 percent the previous month.
The factsheet also showed that the total value of energy received by DisCos increased to N342.29 billion in November — a 12.65 percent rise from N303.85 billion in October.
NERC added that the average recoverable tariff across DisCos was N124.30 per kilowatt-hour, while the actual average collection stood at about N90.09 per kilowatt-hour.
The report showed that Eko DisCo was the top performer in the month, with revenue collection efficiency of 91.67 percent, followed with Ikeja DisCo at 89.72 percent, and Abuja DisCo at 74.78 percent.
In contrast, Kaduna DisCo recorded the lowest result at 33.24 percent, while Jos and Ibadan DisCos also lagged with recovery efficiencies of 51.84 percent and 59.75 percent, respectively.
